S WAVE CHARTS

[snootmagruder]

Hi W,
Here's AJ's link in silicone investor
https://www.siliconinvestor.com/subject.aspx?subjectid=60132

Here's the copy of it:
OK, Centerpoint (or Centrepointe, if you're Canadian) Gap Theory is when you have the start of a strong uptrend, get a daily gap up, a day or three consolidation, then another gap up and close higher.

Take the centerpoint as the middle of the consolidation on FCX between the gaps, which is about $36.22 (I figured it wrong before). Subtract the $31.36 low from it, and add it to the centerpoint to get the target high, which is around $41.08:
(The FCX chart (time wise) has gone beyond the definition, but my SPX 30 chart has it's interpretation in text and arrows.
https://stockcharts.com/c-sc/sc?s=%24SPX&p=30&yr=0&mn=7&dy=0&i=p95723640698&a=307755350&r=1699642993053